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Comprehensive Income
12 Months Ended
Dec. 31, 2015
Equity [Abstract]  
Comprehensive Income (Loss) Note
NOTE 19: ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME
The Company’s accumulated other comprehensive (loss) income includes unrecognized benefit plan gains and losses, unrealized gains and losses on marketable securities classified as available-for-sale, and foreign currency translation adjustments. Accumulated other comprehensive (loss) income is a separate component of shareholder’s equity in the Company’s Consolidated Balance Sheets.
The following table summarizes the activity for each component of accumulated other comprehensive (loss) income (in thousands):
 
Unrecognized Benefit Plan Gains and Losses
 
Foreign Currency Translation Adjustments (2)
 
Unrecognized Gain on Marketable Securities
 
Total
Balance at December 30, 2012 (Predecessor)
$
(905,314
)
 
$
(2,810
)
 
$

 
$
(908,124
)
Fresh-start reporting adjustments to eliminate Predecessor's accumulated other comprehensive income (loss), net of taxes of $163,183 and $(543), respectively (1)
905,314

 
2,810

 

 
908,124

Balance at December 31, 2012 (Successor)

 

 

 

Other comprehensive income
140,590

 
95

 

 
140,685

Balance at December 29, 2013 (Successor)
140,590

 
95

 

 
140,685

Distributed in Publishing Spin-off
(2,083
)
 
(7
)
 

 
(2,090
)
Other comprehensive (loss) income
(187,830
)
 
(2,753
)
 
5,447

 
(185,136
)
Balance at December 28, 2014 (Successor)
(49,323
)
 
(2,665
)
 
5,447

 
(46,541
)
Other comprehensive loss
(8,068
)
 
(13,099
)
 
(3,308
)
 
(24,475
)
Balance at December 31, 2015 (Successor)
$
(57,391
)
 
$
(15,764
)
 
$
2,139

 
$
(71,016
)
 
(1)
As a result of the adoption of fresh-start reporting, amounts included in the Predecessor’s accumulated other comprehensive (loss) income at December 30, 2012 were eliminated. As a result, the Company recorded $1.071 billion of previously unrecognized pretax losses in reorganization items, net in the Predecessor’s Consolidated Statement of Operations for December 31, 2012. The net balance at December 30, 2012 of $(905) million for benefit plans was comprised of $(948) million related to pension plans and $43 million related to other postretirement plans.
(2)
The changes included a loss of $2 million in each of 2015 and 2014, net of taxes, and an immaterial impact for 2013, related to the Company’s 32.1% investment interest in CareerBuilder and the Company’s 31.3% investment interest in TV Food Network. See Note 9 for the discussion of the Company’s equity-method investments.